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Standardized transmittal letter for ADP/ACP distributions?


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Guest RONNIE WASEL
Posted

Does anyone know of/have a good standardized transmittal letter to send to participants regarding correcting their failure?

Posted

How about this?

Dear Participant,

We need to take money from your retirement account and make it taxable to you now. This will cause you to have less money than you otherwise would. Also, studies show that you will only blow this money on frivilous items and not save it for your retirement. Your chances of retiring in a trailer home just increased.

Sincerely,

TPA

"What's in the big salad?"

"Big lettuce, big carrots, tomatoes like volleyballs."

Posted

P.S. You will undoubtedly blame us for your inconvenience. Please consider your angry rant at our administrator as having already been acknowledged.

...but then again, What Do I Know?

Guest asire2002
Posted

Well, if you send this message, be sure you spell frivolous correctly, so you don't open up yourself for ridicule. :D

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